February 28, 2023
Following the Reserve Bank of Australia’s (RBA) decision to raise the cash rate by 0.25% to 3.35% on February 7th, we have been reviewing the balance between passing on the interest rate rise to our borrowers, term deposit holders, and members with savings accounts.
Home Loans
Effective 28 February 2023 we have increased the interest rates for new variable home loan borrowers by 0.25%.
Effective March 1, we will be increasing the interest rate for existing home loan borrowers by 0.25%, affecting repayments on or after the 1st April.
Personal Loans
Effective March 1, we will be increasing the interest rate for existing variable personal loan borrowers by 0.25%, affecting repayments on or after the 1st April.
We are here to help, and we encourage any member who may need help to get in touch with our team on 134 374 so we can tailor a financial solution for them.
Contact Us
Ph: 134 374
Email: info@heritageisle.com.au
Facebook: BankofHeritageIsle
Instagram: @BankOfHeritageIsle
Bank of Heritage Isle Head Office
25 Pelican Street
Surry Hills NSW Australia 2010
BSB 723 000